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FOX Business
Feb 4, 2013 6:00pm EST
administration has been getting called out for picking winners and losers in the energy sector, mostly losers. a new bill would eliminate all of the energy, all of the energy tax credits. would that make it even playing field for people in that this is? running me now, republican congressman of kansas superposed the bill. congressman, welcome to the show. are you trying to accomplish with this? >> several things, first of all. thank you for having me on the show and talk about this. this is about affordable energy for the folks in kansas and california. affordable energy that they can depend on and rely on. our tax cut has become one that favors folks with a political ties and not those customers. in so many energy companies to get back to doing what they're supposed to do, creating value through finding customers, not political patrons. my legislation does just that, getting rid of every single energy tax credit in the entire code. i am all for it. we should close these loopholes for wind and the algae and tax credits totalling guesstimated of the mall and level the playing field. gerri: you
FOX Business
Feb 7, 2013 8:00pm EST
we using less energy, and creating more of it, democratic senator mark warner of virginia, good to see you, how do you plan to double u.s. energy production, by the year, what is it? 2030? >> we're talking about energy productivity, which is another way too think about energy efficiency, a way to think about how to you make sure someone makes that improvement on their home, then gets it finished off the utility bill. can we create a energy saving -- for example. how do we make sure for example that if we could get our military to be more energy productive, efficient for every dollar oil goes up that costs navy an extra 30 million-dollars, navy itself, extra billion this year on increased oil prices because we're getting gouged by guys in the world. we can be come more energy productive, that means more powergenration, but how do we use that power we have in a more efficient way. david: senator, the efficiencies are great, always to turn off a light not used, it could add up. i know that stuff adds up, but it is plain schedule compare -- minuscule compared to preliminary we have
FOX Business
Feb 4, 2013 11:00am EST
be the next energy secretary. dagen: more on the power outage and the record-breaking at cbs sports for that incredible game. connell: and cyber attacks, the white house considering action against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mark a little disappointed today, we are pulling back, dow jones industrials down 116 points right now. a majority of the dow components, 28 of the 30 were in the red, only two names, green arrows, there is ro rod-based selling going on, the retail stocks all with down arrows. some of this is coupled with number one, very far, very fast. and you have a strong dollar, worries of europe once again factoring in. and they look at oracle, up over 1%. down 1.6%. up over the $2 billion deal. obviously the equato acquirer cg in. dagen: energy attorney announced friday he will be leaving that post pending confirmati
FOX Business
Feb 5, 2013 8:00pm EST
are faulty. energy research firm saying washington is lowballing the amount of cash and jobs more drilling here would generate. daniel, can you give us ballpark numbers you're talking about what drilling would add to the u.s. economy in terms of tax revenues and revenues overall? >> you bet. most people are familiar with what is going on in north dakota, down in texas and louisiana and around the country where we are producing private land. government land 96% are basically untouched and what it could mean is in excess of $450 billion per year in gdp growth, and 20 times as much as the government is talking the ministrations talking about in terms of increased energy taxes. we have been putting people to work, building infrastructure, it is a win-win-win deal. alalbany does the government to step out of the way and let people go to work. liz: instead of drill, baby, drill, demonstrators are talking about draw, baby, draw. we have the boxer shell, reservoir two times the size of a country of oil. what is that in compass? is it just drilling were all sorts of jobs and gdp growth? tell me wha
FOX Business
Feb 6, 2013 1:00pm EST
promoting renewable energy and public land and managing the 2010 gulf of mexico oil spill. a little background. she has a degree of mechanical engineering from the university of washington. she began her career as engineer for mobile oil. she began her career as commercial banker. i thought that was interesting. she is married with two children. the president is expected to make the nomination at top of the hour. lori: i can't believe she is leaving rei. they make cool stuff. >> they do books? lori: books? no. melissa: it is quarter to. as we do every 15 minutes, let's check the markets. nicole petallides is on the floor of the new york stock exchange, watching names that report after the bell today, nicole. >> no book titles here right now. let's talk about earnings, earnings, earnings. it is the season and we watched these names so closely today, after the bell. in the 4:00 p.m. hour, keep an eye on these names between now and the closing bell. so we're looking attest sorrow corporation. this is a name in exploration and production, oil energy, exploration production. a 52-week hi
FOX Business
Feb 2, 2013 12:00am EST
. we're seeing job gains in the energy producing fields. you know, energy is going through a real renaissance from a production standpoint here in the u.s.. that's a tail wind, i think, to future employment, and p so i think there's a few areas of the economy that might surprise people that are doing well, you know, energy, housing, manufacturing is getting better because the labor differential in the u.s. is improving. i'm encouraged by what i'm seeing by that side of the economy. melissa: when you hear there's, you know, one of the things that's helping in the economy are jobs in the energy sector, are you worried that might slow down? >> why would it sell down? melissa: because of more regulation, you know, the president has said he's going to focus on climate change, and when i hear something like that, that means cracking down on fracking and shale which is a booming industry in the country now, and environmentalists don't like. >> well, first of all, very little seems to happen in washington so i wouldn't worry too much -- melissa: that's true. >> about anything actually hap
FOX Business
Feb 5, 2013 12:00am EST
of living is going up. health care cost, food, energy, everything is getting more expensive. and even if you have these depreciating dollars what kind of yields can you have? you can't get 1% on your money in the bank. melissa: so depressing. come on, i will be weeping here soon. rescue me from here since. >> i was thinking same thing. no wonder these two feel bad how things look. the important thing to realize about a survey you cited it is a snapshot of consumer sentiment at time. it is not really entirely predictive what their behavior will look like. how are you file financially and how are you feeling secure. melissa: aren't they looking at their 401(k) when they're seeing something like this. >> looking at people 45 to 60. in your 40s do you have any sense what you will retire. you're thinking what will the job market look like. hearing talk about entitlement reform. you're thinking i'm not sure social security and medicare will be around when i retire so i will have to stay longer in the workforce. this is more indicative what people think about today rather than what they do down the
FOX Business
Feb 7, 2013 4:00pm EST
to move. ashley: exactly. two energy etfs hitting new 52-week highs. power shares, pxj. its top holdings include weatherford, halliburton. ishares ieo. top holdings include occidental petroleum, anadarko and phillips 66. liz: here are the names. coinstar, linkedin, athenahealth. they are all reporting any moment from now. we'll bring you the numbers as soon as they're released. plus we have the ceo of athenahealth. he will join us exclusive. here is why you need to listen of the his stock is up nearly 46% over the last three months. that's not all. health care related, how about a cigarette with no tobacco, smoke or smell? electronic cigarette use is on the rise of the companies are sprouting up. one of the originals, one of the originals really capitalizing what ubs projects sales reaching one billion dollars this year. we've got the leader in e-cigarettes. ceo and president of njoy, joining us exclusively, just vapor coming out. wants to make the traditional cigarette on sew heat, ash. ashley: former governor of kansas, mark parker is warning about the huge impact our aging population
FOX Business
Feb 7, 2013 1:00pm EST
caterpillar, hewlett-packard, as i noted energy, exxon is one of the biggest lakers right now. we did cross 14,000. that was our fundamental moment will the move to those highs. melissa: strongly rejecting proposals for direct talks with the united states on a host of issues including the nuclear program. "talks will not solve any problems". iran was pushing for rollback on western sanctions in exchange for some key concessions on its nuclear program. they say the nuclear fuel is for energy reactors. the u.s. is concerned that they will produce weapons grade material. let's head to the pits of the cme and phil flynn. >> very little reaction down here. the very first place you want to look is the ti spread. it has spread out to the largest level of the year. it is possible that part of that could be this story. a lot of people did not hold out a lot of hope for the stocks. the direct talks with the u.s., they thought maybe something may come out of that. at least they were hopeful. the rejection, now that obviously looks like it will be off the table. these talks will not do a whole heck of a l
FOX Business
Feb 1, 2013 3:00pm EST
just at 13, straddling there? i mean alan you are looking at an energy and commodities picture over there. but when there is very little fear, and rising stocks, rising commodities, and a falling volatility index that just looks -- i mean we're showing intraday here, which is a little useless, you know, we've spread it out and you can see especially if we took a two year or one year, you can see how far we've fallen. does that become disconcerting or do you still say $100 is the next weigh station like our guest did yesterday? >> we are in overbought territory for crude oil. however, we get a settlement above 98, i do think we get to 100 to 102 dollar level. what i'm seeing right now is we're starting to get some more rhetoric out of the middle east and some more issues out of the middle east. that might give the boost that the market would need to get it over 98. i do think it is oversupplied. if we don't start to get some of that and don't get settlement above 98, down we go. liz: he's looking at settlement above 98. we're looking at settlement above 14,000 at the moment. keith, d
FOX Business
Feb 4, 2013 8:00pm EST
, and hundreds and thousands of twitter accounts and today reports that department of energy is getting hit. how china is crossing a real big line, and president obama, should drop everything to address this. ' to start with you jed. we hear about cyber war and cyber warfare, i'm not sure a lot of people take it seriously, can you describe what is at stake? >> every 6 rhet secret that we n our nation, and every computer network that runs virtually everything we do. is i serious stuff, maybe short of an act of war, but china has been going on, for a long time on pr this path, i think about 5 years ago they hacked in army's computer system in pentagon shutting down the e-mail. this is not new, titan rain code name, you know there is two types of government agents in u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we
FOX Business
Feb 8, 2013 6:00pm EST
it is not a viable replacement for most conventional cars for a wish somebody told the department of energy that. >> he repeated something that has been well known for years and should have been known with the obama administration the electric car is the next big thing it has yet to replace the internal combustion engines because of cost, range and value. gerri: where do you go to recharge its? so many practical issues not taken into consideration but there were benefits for these at what point* do we say get out of the private sector? >> great point*. a bureau chief in detroit made that point*, the reuters article that you are referencing, a the public's indifference. [laughter] it is such a great wine. the numbers last year nissan thought they would sell 20,000 of the knees on the if but they sold 10,000 but ford sold 60,000 of the f-series pickup they sold more pickups in six days than nissan sold in one year. [laughter] gerri: the president wanted to put those cars on the road but no such luck. but now you are writing about wind energy? >> last week "wall street journal" i talked about fish
FOX Business
Feb 3, 2013 2:30am EST
is not selling it to china but the u.s. taxpayer wasted money on the green energy. >> way to wrap that up. >>> and thank you to the former congressman for joiningugs this week . coming up a new video showing american workers of how to protect themselves from violence on the job. it is raising more quis about spending than protection. upon time for what i need to know for next week. wayne kick it off. >> one of the problems in the press we talked about having the commissions and
FOX Business
Feb 3, 2013 9:30am EST
it to china but the u.s. taxpayer wasted money on the green energy. >> way to wrap that up. >>> and thank you to the former congressman for joiningugs this week . coming up a new video showing american workers of how to protect themselves from violence on the job. it is raising more quis about [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c-class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day
FOX Business
Feb 1, 2013 11:00am EST
we have been talking about last few days. we talk about foreign policy having an effect on energy markets. john bolton is coming on. he will be here in a moment. dagen: we will focus on the dow above 14,000. how is the dollar holding up? look at the dollar weakness, look at euro that is almost $1.37. that ultimately is not good for the country. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. execu
FOX Business
Feb 5, 2013 1:00pm EST
education, training, energy and national security will cost us jobs it will slow down our recovery. it is not the right thing to do for the economy, it is not the right thing for folks that are out there still looking for work. the good news is this does not have to happen. for all the drama and disagreements we have had over the last few years, democrats and republicans have been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. a balanced approach has achieved more than $2.5 trillion in deficit reduction. that is more than halfway towards the $4 trillion in deficit reduction that economists and elected officials from both parties believe it is required to save our debt. i believe we can finish the job with a balanced mix of spending cuts and more tax reform. the proposals that i put forward during the fiscal cliff negotiations, and discussions with speaker boehner and others, are still very much on the table. i just want to repeat, do deals that i fell forward, the balanced approach of sp
FOX Business
Feb 6, 2013 11:00am EST
president obama is making it. >> she is a top business executive. she has an energy background. she has a lot of experience that i think could come into play. my only problem here is that even some of the most impressive people who have served in obama's cabinet and of being cooperative. even the most strong willed and impressive people end up getting used as props. dagen: you are suggesting that this woman who ran the outdoor retailer, one of the best companies to work for and the country, that she is just a big old piece of plato and she will let herself get molded. >> they do kind of get chewed up and spit out. she is very strong-willed. she is incredibly impressive, do not get me wrong. she does not have a whole lot of experience in government. connell: who are you talking about specifically, by the way? >> they do serve at the president's prerogative, obviously. connell: who is different after serving in the administration? >> hillary clinton who is the most strong-willed and came in with the most independent portfolio, even she kind of got co-opted where she did not have an indepe
FOX Business
Feb 4, 2013 3:00pm EST
growth equities. look at some energy stocks this year have done very well. up 14%. market is up 6%. they are up 14%. your drilling stocks, you want to be in these sectors liz that have exposure to global growth. you want to be in the healthcare sector. it's a sector emphasis. we think the average will be lower but we think you have got emerging markets, japan, europe, those is where we would be focused. liz: people missed a year ago when you were standing here and saying you should be comfortable with having a decent portion of your portfolio in equities. have they missed it? am i overstating that? too late to get in? >> i don't think they've -- i think you want to watch any pullback and let that pullback take place and then buy on any pullback. basically your four p's, profits, production, personal income and politics. that's the one thing that could throw things into politics. debt downgrade of the united states, liz. liz: s&p already downgraded us a year ago, august. >> a year ago august, the following month, it happened at 5:15 on august the 5th, 2011, a year ago august. augus
FOX Business
Feb 3, 2013 1:00am EST
anecdotally, when the left wants to inhibit behavior, whether it's energy consumption or cigarette smoking or any one of the other things they have, what's the very first thing they do? they raise taxes! yet they say in this case, raising taxes is not going to affect economy. >> okay. gary, scholar is something we don't hear often on "bulls & bears." straight to susan. >> we need to put some of the recent numbers in context. yes, the percentage ticked up a little bit. but corporate earnings have been strong. the consumer confidence number that was out yesterday from the university of michigan was up. t consumer expectation number from university of michigan for the next six months was also up. so this is not consumers pull back from the economy. it was really more of a blip. when that gets revised, it will get revised upward. >> but toby, gdp did decline. that was really proof that just talking about tax hikes would hurt things. then consumer confidence plummeted, proof that tax hikes do really kill the economy and kill confidence. >> right. if tax hikes don't affect behavior, then why is
FOX Business
Feb 4, 2013 1:00pm EST
to spur growth. banks are as healthy as they can be. you have energy costs going down. energy independence coming a reality in the united states. the housing market is bottoming on the u.s. china has new leadership in they are accommodating growth. all of those are positive indicators. lori: what are your -- >> we see them up. we have earned half of that now. let's not forget, we still have the triple witching power. we have to get through that before we can look at the market being on a sustained path. lori: we will have to leave it there, john. melissa: football, beer and loopholes. the president had to say this about reducing the deficit. >> there is no dow that we need additional revenue coupled with smart spending reductions in order to bring down our deficit. we can do it in a gradual way so it does not have a huge impact. the average person cannot take advantage of them. they do not have access to cayman islands account. the average person does not have access to carried interest income. melissa: i do not know, how do you interpret that. that sounds like the tax man is coming. lori:
FOX Business
Feb 1, 2013 6:00pm EST
of nearly $37 billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders seem to love today's jobs numbers, but were they really all that good? our political panel weighs in, and stocks on a roll, lately, topping numbers not seen since 2007. how long will it last, and how high will they go? coming up. ♪ >>> from the fox business studios in new york city, it's "the willis report" with gerri willis. gerri: beautiful evening in new york, but cold. all right, talking about the dow topping 14,000 today for the first time since the financial crisis rocked the world economy, but should investors brace for a painful correction? that's what folks are saying. jared, senior equity strategist at zachs investment research joining me now. all right. tell me, explain the stock market. why is it happy when we have a punk jobs data and then the economy slip shrinks in the fourth quarter. why is it so high? >> i thought about it and talked abo
FOX Business
Feb 1, 2013 9:00pm EST
billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders seem to love today's jobs numbers, but were they really all that good our political panel weighs in, and stocks on a roll, lately, topping numbers not seen since 2007. how long will it last, and how high will they go? coming up. ♪ with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] what's in your wallet? all stations come over to mithis is for real this time. step seven point tw
FOX Business
Feb 1, 2013 10:00pm EST
solyndra alone is stepping down. energy secretary steven chu offering his resignation today. he was highly criticized for its handling of the $528 million loan to the solar panel maker, which later went bankrupt. despite the blunder he is leaving with obama's support and his pride intact. he said, came with streams and leaving with a set of accomplishments that we should all be proud of. not all of his dreams came true. back in 2008 he famously said we as a nation needed to boost gas prices to levels -- levels seen in europe. although he eventually walked back those comments, i say his departure could not come soon enough. $8 a gallon. that's my "2 cents more." that's it for tonight on "the willis report." thank you for joining as. do not forget to record airshow if you cannot catch us live. have a great weekend and a great night. ♪ lou: good evening, everybody. the dow jones industrials tonight above 14,000 for the first time since october of 2007. it just 155 points from its all-time high. the s&p regaining the 1500 level, the labor department today reporting 157,000 jobs were created
FOX Business
Feb 2, 2013 3:00am EST
solyndra alone is stepping down. energy secretary steven chu offering his resignation today. he was higy criticized for its handling of the $528 million loan to the solar panel maker, which later went bankrupt. despite the blunder he is leaving with obama's support and his pride intact. he said, came with streams and leaving with a set of accomplishments that we should all be proud of. not al of his dreams came true. back in 2008 he famously said we as a nation needed to boost gas prices to levels -- levels seen in europe. although he eventually walked back those comments, i say his departure could not come soon enough. $8 a gallon. that's my "2 cents more." that's it for tonight on "the willis report." thank you for joining as. do not forget to record airshow if you cannot catch us live. have a great weekend and a great night. ♪ liz: a not so happy birthday. the income tax is 100 years old or it look at how much it has grown out. welcome, everyone, i and liz macdonald in for neil cavuto. as you're watching the super bowl, we are continuing to watch our tax rates skyrocket. income tax
FOX Business
Feb 1, 2013 1:00pm EST
in egypt. >>> energy secretary steven chu is resigning. in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for work. peter barnes joins us from the labor department with more on that story, peter? >> hey, ashley. 4.7 million of those 12 million people have been unemployed for 27 weeks or longer. that's about 40% of the stolt -- total unemployment. the white house is not doing any high-fives about the jobs report today but it will take it. the president's top economist alan krueger telling me this morning that the report and some other economic indicators paint a picture of an economy that is slowly healing but not back to full they will health just yet.
FOX Business
Feb 6, 2013 9:20am EST
for increased energy, focus, and can has antidepressant effects, but you don't want to smoke two packs a day for cancer, heart disease, and the rest. e-cig represents are good in imsimulating the smoking experience, but they are not that good that people stay on them, i found, forever. it's a great bridge for people. it simulates the smoking experience. stuart: nicotine is universally condemned. it is so bad, but you said it aids focus, attention on something, energy, combats depression. there's something good to be said about nicotine? >> most things in life have a dark and a light side. good and bad, and so here's the thing, no, nicotine itself like caffeine, it can be useful to people. it effects neurotransmitters which is why people flock to cigarettes as well as the hand motion with the fact it's focusing for them, standing off, doing nothing but smoking the cigarette. it can be a decreased descries ma noser for people. i think this simulates that, and it does it in a much less dangerous fashion. for instance, the cigarettes you mentioned, that company that was here yesterday, removes 4
FOX Business
Feb 7, 2013 3:00pm EST
, but then you start to see -- you can't even get some real action in the energy market when you have a gigantic snowstorm coming, jonathan. looking at right now natural gas is down. crude is down. nobody is too worried about this. expecting a change? >> natural gas, you know, it's difficult right now. the we did see a lower -- we did see a lower draw than we initially expected. when we get up to the level, you kind of see people switch over to coal with utility. it's kind of given us a ceiling. with crude, kind of pulled back along with equities. not really too concerned about breaking out of this range any time soon to the down side. didn't really see a pick up in option volatility today which kind of makes me think that option traders really aren't thinking it is going to be a significant move right now. liz: okay. we will keep an eye on all of it. right now down about 52 points for the dow. great to see you. appreciate it. closing bell ringing in 55 minutes. they are so good facebook wants to take them on and a whole host of others. flip board changing how social media works, content to go w
FOX Business
Feb 7, 2013 5:00pm EST
. melissa: james, last word. 21 billion went on tax incentives for energy efficiency for renewable energy projects. i mean, maybe a great thing, but should potholes have come first maybe? i mean, maybe -- >> yeah, you know, it's a shame government doesn't work because this is actually the right, general structure for tax. ideally, it's a gas tax that pays for roads. so the user is paying. and, unfortunately, it doesn't go to roads. melissa: it doesn't work, right. that's the essential problem with government. it doesn't work. all right, guys, thanks. appreciate your time. >>> time now for today's fuel gauge report. a huge winter storm is barreling down towards the northeast. have you heard about this? didn't stop natural gas futures from nose diving today. natural gas stockpiles fell far less than anticipated last week, and lower oil refinery demand, crude hit a two-week low settling at $98.83 a barrel, and opec's production fell compared to december. output shed by 200,000 barrels to 30.45 million a day. lower production by saudi arabia -- we'll place the blame there. >>> all right, so i
FOX Business
Feb 8, 2013 4:00pm EST
of the week particularly got hit and it never quite regained that loss. liz: not at all. energy stocks in response? they actually pushed higher with refiners setting the pace. tesoro, for example, closing up more than 2 1/2% right there while phillips 66 ended about a percent higher. tesoro, listen to this. up 43% just the past three months. phillips 66 posted a 30% gain. david: a handful of consume stocks getting a help. clorox, kimberly clark, hormel foods hitting highs. we'll continue to update you on the storm's path all day. fox business is bringing you deep inside the real estate story. is it good, is it bad? a lot of signs of recovery. but, david stockman, the former director of the office of management and budget under ronald reagan. he sees signs of something else, a bubble he thinks is about to pop. we will have the details coming up. liz: and where. we have a new report that highlights the best areas to buy an apartment from one of the biggest real estate firms in the entire country. find out where to cash in on all the pent-up demand. we have tim mull had land -- mull hull
FOX Business
Feb 7, 2013 7:00pm EST
over. tomorrow's economy he says will be driven by food, energy, good stuff, good to have you with us. jim rogers. >> people who make real things, miners, lumber jacks, farmers. lou: how do you sort it out with folks telling me it is is all about a knowledge economy, we have to be highly sophisticated and binary. >> you have been watching too much television. we had long periods when the financial types were in charge, followed by long periods when producers of real goods in charge, we're back to the real goods, we produced 200,000 mba's every year in 1958, 5,000. lou: you are drawing a core larry with our decline? >> absolutely, you know more people study public relations, and agriculture in america we have no farmers, this is the place to be, you should become a farmer. lou: i am a farmer still. and as i say, i work long and hard to get away from the farm and farming, my wife put me back on the farm. tell us what you think will be the direct. i knoi know you are partial to , moved your family there to singapore do, you feel still the right move? >> very much so, the largest credited
FOX Business
Feb 8, 2013 7:00pm EST
storm that is strengthening, it it will pull in the energy of the other system they will get together to see a rapid strengthening to see the snowfall rates really increase. yellow and red is heavy rainfall -- rainfall but then will be a snowfall with the band that will be the heaviest, notice this break with new jersey and new york there is heavy snow to come back and within the next hour we will fill this id and will become also no. very cold into tomorrow and that slush on the ground is freezing with snow on top of it. by tomorrow afternoon everybody here cold temperatures, of windy and cold night tomorrow with a long stretch to see bad travel conditions, a sunday is a better -- better day and monday will help a little bit with 40 degrees. lou: and already looks better behind you. any adjustments of snowfall? >> all along the on the big question is toward the york city some 30 inches we are right on that line so york will get another seven or 8 inches but we will see those individual areas with the b3 feet totals. lou: that is a lot of snow we will keep updated on the wicked whethe
FOX Business
Jan 31, 2013 8:00pm EST
, there is no such thing as recovery in sight, we have no economy policy, we have no energy policy, fuel is back up. i mean, people wonder why consumer confidence and confidence from the business owners is down? and the president pulls a you know deal like this, come on. this guy campaigned on jobs and the economy, he gave an inaugural speech on what? immigration, constructing royds and more liberal rhetoric, you know what, this is a step to socialist ladder forget rid of small business then we can control the big guys, i am frustrated and angry. tom: i hear it. marco, you have seep the president, i get up in the morning i think about jobs, i go on bet at night i think about jobs, do you think he has forgotten? >> i don't think he nearly forgotten about it, i think he doesn't know how to create jobs. it is the smalln 'n small busins that create them, if you have not run a business how in the world do you know how to create jobs this is why the count was important and should have been important. >> thank you very much. push to help illegals is on, but nobody is talking about how the cost will add up, we he
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